Services

Gilroy & Brookes provide accountancy and taxation services which help a wide range of clients to achieve their financial objectives. Individuals, sole traders, partnerships, companies, charities, clubs, associations all rely on us to provide them with operational and statutory financial advice including:

Accountancy

As a company your published accounts have to comply with generally accepted accounting principles and the requirements of the Companies Act.

If you are a sole trader or a partnership accounts have to be prepared and included in your annual tax return to comply with the Taxes Act.

We can help you to meet these obligations by taking your accounting records, manual or computerised, and producing final accounts for you.

Weekly Bookkeeping

Purchase and expense postings

Sales invoices postings

Bank transactions postings

Asset purchase postings, divestments etc postings

Reconciliations

Bank

Sales ledger

Purchase ledger

Loan

Intercompany

Quarterly VAT returns where required

Monthly Management Accounts

Management accounts which includes review of nominal ledger i.e. go through each expense head like telephone and investigate anomalies (Most of these will be captured at the time of posting the purchase/expense invoices)

Financial and non-financial analysis

KPIs as per your requirements which includes Gross profit margin analysis by product, by market (Wholesale versus retail), by department , by project ( especially in construction sector)

Year-end returns

Annual Accounts of the limited company

Personal tax returns of directors

Corporation tax

Help to establish business plan

Preparation of Budget and Forecast

Supplier management

Check delivery notes with invoice

Contact supplier in case of any anomalies

Set up payments on the basis of payment terms

Contact supplier with remittance advice

Payroll

PAYE scheme

Registering PAYE scheme with HMRC

Activating and monitoring PAYE online services

Liaising with HMRC for PAYE matters

Payroll processing

Periodical processing

Multi-period processing

Statutory deductions including student loans

Statutory payment calculations: SSP, SMP, SPP etc.

Pension calculation and deductions

Implementing 'Attachment of earnings' into payroll

Reporting

Payslips through email

Payslips through post

Payroll reports including cost centre and departmental classification

Pension reporting

Payments on behalf of employer

Salary payment to employees

PAYE payments to HMRC

E-submissions

Periodical RTI submissions

Statutory payment reclaim submissions

CIS suffered intimations

Earlier Year Update forms

Year-end submissions

Benefit reporting

P11D

P46 (car)

Auto-Enrolment and workplace pensions

Pension scheme set-up

Assessment of employees and auto enrolling into pension scheme

Pension deductions based on qualifying earnings

Implementing opt-ins, opt-outs, join-in requests

Providing letter templates for employees

Generating pension reports for Pension provider and uploading data on to provider’s portal

Liaising with pension provider and completing the declaration of compliance

Cash process

Accounts receivable

Billing and cash application

Order management

Credit control

Collections

Many businesses and individuals face financial challenges. If debts are building up and no matter what you do the situation seems to get worse, it can be difficult to know how to cope or where to turn for help.

Whether you are a debtor, creditor or a professional adviser with a client facing severe financial difficulties, you need a specialist that you can trust, someone who is not only an expert in their area but who will recognise and respect your position and relationships.